2 weeks Ago By ABMN Staff
Waystar Holding Corp. ( NASDAQ:WAY – Get Free Report ) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 4,430,000 shares, an increase of 50.
2% from the February 28th total of 2,950,000 shares. Approximately 4.6% of the shares of the company are short sold.
Based on an average trading volume of 1,980,000 shares, the short-interest ratio is presently 2.2 days. Analysts Set New Price Targets A number of brokerages have issued reports on WAY.
Canaccord Genuity Group boosted their price target on Waystar from $42.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, February 24th.
Barclays increased their price objective on shares of Waystar from $42.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, February 19th.
Bank of America increased their price target on Waystar from $36.00 to $43.00 and gave the company a “buy” rating in a research note on Monday, January 6th.
Jefferies Financial Group initiated coverage on Waystar in a research note on Tuesday, February 11th. They issued a “buy” rating and a $51.00 price objective on the stock.
Finally, The Goldman Sachs Group lifted their target price on Waystar from $44.00 to $52.00 and gave the stock a “buy” rating in a report on Wednesday, February 19th.
Twelve research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $40.75.
Read Our Latest Stock Analysis on WAY Insider Activity at Waystar Institutional Trading of Waystar A number of institutional investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC bought a new position in shares of Waystar in the fourth quarter valued at approximately $25,000. Mark Sheptoff Financial Planning LLC bought a new stake in Waystar in the 4th quarter valued at $48,000.
Gen Wealth Partners Inc acquired a new stake in Waystar in the 4th quarter worth $92,000. RiverPark Advisors LLC increased its holdings in shares of Waystar by 25.5% during the 4th quarter.
RiverPark Advisors LLC now owns 3,498 shares of the company’s stock worth $128,000 after purchasing an additional 710 shares during the period. Finally, Stifel Financial Corp acquired a new position in shares of Waystar during the third quarter valued at about $204,000. Waystar Price Performance NASDAQ WAY opened at $37.
83 on Friday. The company has a 50 day simple moving average of $40.22 and a 200-day simple moving average of $34.
34. Waystar has a 52-week low of $20.26 and a 52-week high of $48.
11. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.
55 and a quick ratio of 2.29. Waystar ( NASDAQ:WAY – Get Free Report ) last announced its quarterly earnings data on Tuesday, February 18th.
The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.
11. The firm had revenue of $244.10 million for the quarter, compared to analysts’ expectations of $232.
29 million. Research analysts anticipate that Waystar will post 0.39 EPS for the current fiscal year.
Waystar Company Profile ( Get Free Report ) Waystar Holding Corp. is a software company which provide healthcare payments. Waystar Holding Corp.
is based in LEHI, Utah. Featured Stories Receive News & Ratings for Waystar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waystar and related companies with MarketBeat.com's FREE daily email newsletter .
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